In this piece, HBR Consulting focuses on two sources, its 2022 Law Department Survey and its Sounding Board series, which reflects data from more than 200 corporations, to conclude that in-house law departments, which had been sanguine about increases in headcount, spending, and tech investment throughout 2022, are far less optimistic heading into the new year.
Continue Reading Reversal of Fortune

What’s the biggest threat to the future growth ambitions of top law firms?

Increased competition from international firms? No.

Attracting and retaining the best talent? No.

Remaining on top of compliance? No.

It’s cyber risk. As in – the accidental leakage of confidential data through email hijacks, phishing attacks and malware.

Continue Reading Law Firms Fail to Face Their Biggest Threat

In a recent article in Harvard Business Review, a team of researchers showed that 78% of transformations fail. Their analysis showed that “people are the catalysts of successful transformation.” To move beyond working in silos, incremental improvement, and isolated innovation – to achieve transformation – it’s important to have a structured process to engage leadership in setting objectives and guiding transformational change.

Continue Reading A Methodology for Legal Transformation: Assessing, Aligning & Advancing Your Department